Since you will each be filing your own schedule C forms, the best strategy would be to enter 1/2 of the 1099 forms under each of your names. The full amount of the 1099 income will then be showing up your return, with 1/2 equally allocated to both of you. Since you are doing a 50/50 split, the important thing is to make sure all items of income and expenses match on each of your Schedule C forms.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
